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On the whole, PPP per capita figures are less spread than nominal GDP per capita figures. [5] The rankings of national economies over time have changed considerably; the economy of the United States surpassed the British Empire's output around 1916, [6] which in turn had surpassed the economy of the Qing dynasty in aggregate output decades earlier.
The economy of India is a developing mixed economy with a notable public sector in strategic sectors. [5] It is the world's fifth-largest economy by nominal GDP and the third-largest by purchasing power parity (PPP); on a per capita income basis, India ranked 141th by GDP (nominal) and 125th by GDP (PPP). [62]
2024 GDP (nominal) in billions — Asia: 42.72 trillion: 1 China: 18.53 trillion [2] 2 Japan: 4.07 trillion [3] 3 India: 3.88 trillion [4] 4 Russia: 2.0 trillion 5 South Korea: 1.76 trillion 6 Indonesia: 1.47 trillion 7 Turkey: 1.3 trillion 8 Saudi Arabia: 1.11 trillion 9 Taiwan: 803.0 billion 10 Thailand: 548.9 billion 11 Israel: 530.6 billion 12
At 8.4%, India’s economy expanded at its fastest pace in six quarters, ... The interim budget estimated that capital expenditure will rise 11.1%, to 11.11 trillion Indian rupees ($133.9 billion ...
Between July and September, India's economy slumped to a seven-quarter low of 5.4%, well below the Reserve Bank of India (RBI) forecast of 7%. While it is still robust compared with developed ...
India is the largest economy in the region (US$4.11 trillion) and makes up almost 80% of the South Asian economy; it is the world's 5th largest economy in nominal terms and the world's 3rd largest economy by purchasing power adjusted exchange rates (US$14.26 trillion). [28] India is the member of G-20 major economies and BRICS from the region ...
This is an alphabetical list of countries by past and projected gross domestic product (nominal) as ranked by the IMF. Figures are based on official exchange rates, not on the purchasing power parity (PPP) methodology.
Beginning of short-lived coalition govts. India's economy is $1.560 trillion (purchasing power parity) accounting for a 3.9% share of world GDP, the fifth largest in the world. [20] 2004 First NDA govt ends, inflation is 3.8%. India's economy is $2.870 trillion (purchasing power parity) accounting for a 4.7% [21] share of world GDP, the fourth ...